Market Today

Technical Outlook: There is only so much that can be said about a market that isn’t going any where. Yesterday, S&P 500 (SPX) went right up to the all time highs and then proceeded to spend the rest of the day shaving off around 70% of the day’s gains.  Volume on SPDRs S&P 500 (

Technical Outlook: Another dull day of price action on the S&P 500 (SPX) where price dropped a meager -0.06%.  The common theme of this market continues to be the fact that SPX refuses to break and close below the 20-day moving average.  5-day moving average crossed below the 10-day moving average yesterday on SPX.  SPDRs S&P 500

Technical Outlook: Friday marked the end of a very dull trading week for the S&P 500 (SPX) which only traded in a 25 point range and saw a weekly change of only 0.18 points. SPX continues to find support at the 20-day moving average and refusing to close below it.  SPDRs S&P 500 (SPY) volume actually

Technical Outlook: S&P 500 (SPX) traded in the third smallest range of the year yesterday and managed to finish up a smidge. Volume on SPDRs S&P 500 (SPY) dropped off drastically from the day prior and below recent averages.  This low volume on the market creates an environment where individual stocks can be manipulated much easier

Technical Outlook: S&P 500 (SPX) sold off hard and early yesterday, only to see a strong rally, just prior to the FOMC minutes being released, that lasted into the closing bell.  Despite the rally, the Russell 200 (RUT) was lower and weighed heavily on a large number of stocks yesterday.  The 20-day moving average

Technical Outlook: Yesterday marked the second biggest sell-off on the S&P 500 (SPX) since the Brexit sell-off, shedding 12 points.  Volume on SPDRs S&P 500 (SPY) was slightly higher than the prior day's volume but still extremely weak and well below recent averages.  Second straight day where dip buyers have not come in and rallied the market into

Technical Outlook: Strong start yesterday on S&P 500 (SPX) but simply could not hold on as the afternoon unfolded as it gave up some of its gains heading into the close.  No ramp into the close yesterday which has become a staple for bullish traders.  The market is alternating again in an up/down/up/down fashion. A close lower today

Technical Outlook: S&P 500 (SPX) again on Friday attempted to sell-off but low volume again plagued any attempt from the bears to make a meaningful move across the board. SPDRs S&P 500 (SPY) saw a drop in volume on Friday, which also came in well below average.  SPX  has seen consolidation over the last five trading

Technical Outlook: One of the bigger trading ranges of late yesterday on the S&P 500 (SPX). Most significant was the fact that SPX didn’t give up all of its early gains as we have seen in recent days.  Support continues to exist at the 10-day and 20-day moving averages and reclaimed the 5-day moving

Technical Outlook: S&P 500 (SPX) saw one of its bigger declines in the past month dropping a whole 6 points  or -0.3% SPDRs S&P 500 ETF (SPY) volume saw a slight increase yesterday but still well below recent averages.  SPX broke the 50-day moving average but tested the 10-day and held on. The most important one